Thorco Projects ApS — Credit Rating and Financial Key Figures

Thorco Projects ApS (CVR number: 37745324) is a company from KØBENHAVN. The company recorded a gross profit of 2451.7 kUSD in 2024, demonstrating a decline of -96.9 % compared to the previous year. The operating profit was 2451.7 kUSD, while net earnings were 2849.5 kUSD. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good but Return on Equity (ROE) was 37.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 81.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Thorco Projects ApS's liquidity measured by quick ratio was 6.9 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.